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US Bankruptcy Code
141 published works
The Blunt Truth®
Budding Woes: Navigating the Weedy Waters of Cannabis Companies in Financial Distress
As the cannabis industry matures, there will be winners and losers. Losers lack access to the U.S. Bankruptcy Code. Marijuana related assets cannot be sold free and clear of liens…
Credit Chronometer
Cannabis-adjacent Bankruptcy Eligibility Update: Significant New Decision
Around the time Reuters published our article regarding bankruptcy eligibility, the U.S. Bankruptcy Court for the Central District of California (LA Division) issued a decision in In re The Hacienda…
The CLS Blue Sky Blog
Debevoise & Plimpton Discusses How Bankruptcy Courts Will Measure Customer Crypto Claims
By Sidney P. Levinson, Jeffrey L. Robins, Elie J. Worenklein, Michael C. Godbe
In the wake of the industry’s recent significant bankruptcy filings, crypto watchers are focusing for the first time on which crypto-entities are eligible for chapter 11 relief[1] under the U.S.…
Real Bankruptcy Intel
What We’re Reading This Week [October 14, 2022]
By Danielle A. Corn, Sean T. Scott, Aaron Gavant, Ashley Anglade
On October 12th, Bloomberg reported that Alex Jones will join his bankrupt media production company, Free Speech Systems, in a court-supervised settlement with the families of the Sandy Hook school…
FinTalk
Voyager’s Bankruptcy Case is Picking Up Steam
By Gregory Gennady Plotko, Frederick (Rick) Hyman
There is much to report since our last update on Voyager Digital’s bankruptcy case discussed here. Importantly, the court set a “bar date” with respect to claims arising prior to…
Southern California Bankruptcy Law Blog
Payment of Postpetition Interest in Chapter 11 and Chapter 13 Plans
Some creditors are not entitled to postpetition interest on their claims. For example, general unsecured creditors typically don’t get postpetition interest pursuant to 11 U.S.C. § 502(b)(2). Other creditors are…
Florida Bankruptcy Attorney Blog
Unsecured Debt in Chapter 13: How Much Must You Pay?
By Anonymous
The amount you are required to pay back to your general unsecured creditors in a Chapter 13 Bankruptcy Case depends on various factors. It can range from only about a few pennies…
Chicago Business Attorney Blog
Small Business Debt Relief
Subchapter V for Small Business Owners For the past two years, small businesses whose bottom lines were impacted by the onset of COVID-19 enjoyed greater protections while going through Chapter…
Bankruptcy Law Insights
Driving While Unimpaired – Delaware Judge Issues Important Ruling in Hertz Chapter 11 Case on Allowance of Make-Whole Premiums, Treatment of Unimpaired Creditors, and Postpetition Interest (Part 1)
By Ben Feder
The treatment of make-whole premiums in solvent debtor chapter 11 cases has become an important issue in recent years for corporate issuers and bondholders. This post will examine a recent…
Nebraska Debt & Bankruptcy Blog
City of Chicago vs Fulton: The Disappearing Automatic Stay
By Sam Turco
The experience of reading a Supreme Court opinion on bankruptcy law is like having a two-year-old in a China shop—you just want them out before they break more stuff. …